Volume One—Chapter Two.

A visit, to make it agreeable to both parties, should be well timed. My appearance at New York was very much like bursting into a friend’s house with a merry face when there is a death in it—with the sudden change from levity to condolence. “Any other time most happy to see you. You find us in a very unfortunate situation.”

“Indeed I’m very—very sorry.”

Two hundred and sixty houses have already failed, and no one knows where it is to end. Suspicion, fear, and misfortune have taken possession of the city. Had I not been aware of the cause, I should have imagined that the plague was raging, and I had the description of Defoe before me.

Not a smile on one countenance among the crowd who pass and repass; hurried steps, careworn faces, rapid exchanges of salutation, or hasty communication of anticipated ruin before the sun goes down. Here two or three are gathered on one side, whispering and watching that they are not overheard; there a solitary, with his arms folded and his hat slouched, brooding over departed affluence. Mechanics, thrown out of employment, are pacing up and down with the air of famished wolves. The violent shock has been communicated, like that of electricity, through the country to a distance of hundreds of miles. Canals, railroads, and all public works, have been discontinued, and the Irish emigrant leans against his shanty, with his spade idle in his hand, and starves, as his thoughts wander back to his own Emerald Isle.

The Americans delight in the hyperbole; in fact they hardly have a metaphor without it. During this crash, when every day fifteen or twenty merchants’ names appeared in the newspapers as bankrupts, one party, not in a very good humour, was hastening down Broadway, when he was run against by another whose temper was equally unamiable. This collision roused the choler of both.

“What the devil do you mean, sir?” cried one; “I’ve a great mind to knock you into the middle of next week.”

This occurring on a Saturday, the wrath of the other was checked by the recollection of how very favourable such a blow would be to his present circumstances.

“Will you! by heavens, then pray do; it’s just the thing I want, for how else I am to get over next Monday and the acceptances I must take up, is more than I can tell.”